To simplify the COGM Matement, think of it as four formulas; the fifth is the calculation of COGS on the income statement. Using the data, calculate the following items on the COGM statement: 1. DIRECT MATERIALS COST-BEG.RM+RM PURCHASES- ENDING RM- Choose Exercise (1-5) 2. TOTAL MFG COST INCURRED DM + DL+FO 11/2011 12/31/20 TOTAL MANUFACTURING COST-REG, WIP + TOTAL MEG COST INCURRED ICOM COGS Data: RAW MATERIALS WORK IN PROCESS FINISHED GOODS DOOOD 30,000 24.000 4. COST OF GOODS MANUFACTURED - TOTAL MFG COST-ENDING WIP- 62.500 S. COST OF GOODS SOLD - BEG. FINISHED GOODS + COGM.END. FINISHED GOOSE RAW MATERIALS PURCHASES DIRECT LABOR COST FACTORY OVERHEAD COST 110.000 44,000